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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Flying Brand | LSE:FBDU | London | Ordinary Share | JE00BD4H0R42 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.50 | 2.40 | 2.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFBDU
RNS Number : 6104U
Flying Brands Limited
26 October 2017
FLYING BRANDS LIMITED
("Flying Brands" or the "Company")
Update on Business Operations
Flying Brands (FBDU), the medical services and software company, is pleased to update shareholders on recent progress.
Prototype testing
The prototype testing and evaluation by the StoneChecker team has now been successfully completed.
In addition to the original goal of providing the composite score of likely lithotripsy success, the following observations were made:
- The semi-automatic calculation of important clinical information has been well received by clinicians.
- Urologists and Radiologists appreciated the easy click process, the display of important clinical information such as stone to skin-surface distance and the map of stone density architecture on CT.
The original StoneChecker development plans required the collection of data in order to produce the composite score, but it is now evident that the display of this information in itself is a commercially attractive proposition. There is also a higher level of interest than expected in publishing post-marketing research on the clinical usefulness of the StoneChecker software.
Other future applications, including non-invasive stone composition assessment (e.g. uric acid vs non-uric acid) has been piloted at Peking Union Medical College Hospital, Beijing, China with promising results. This application has potential benefits in assisting in treatment selection and/or dietary recommendations. This new data will be incorporated in future releases of the commercial software.
CE marking
The StoneChecker team has worked assiduously with the North American software developer and regulatory consulting partners to reduce the previously announced delay to the CE marking program and now anticipates attaining CE marking before the end of 2017.
**ENDS**
For further information please contact:
Flying Brands Limited Qu Li/Trevor Brown/Vinod Kaushal Tel: 020 7469 0930 Peterhouse Corporate Finance (Financial Adviser and Broker) Lucy Williams/Heena Karani Tel: 020 7220 9797
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 26, 2017 02:00 ET (06:00 GMT)
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